There’s nothing you can do about it. I am going to place the blame entirely on Biden and you also can’t do anything about that either. As dumb as Trump was, he didn’t have a crackhead for a son and he didn’t purposely try to get us into a World War and FUCK UP the entire nation via RAMPANT inflation. These sons a bitches are COLLAPSING the US economy on purpose. Prove me wrong, you son of a bitch.
BEHOLD THE PAEGENTRY OF LOSSES. You awaken to a much lower 401k plan on a daily basis and then get RAPED at the Whole Foods when attempting to buy small pieces of meat for supper.
We do not need to look at charts like children or get emotional about the better days we once had like women. You are in a BEAR FUCKING MARKET and you will endure it, internalize the pain and deal with it. You will not buy dips and you will only BELIEVE or be FOOLED — because the entire West is en route for collision with the East and from my vantage point — we are outnumbered.
Never underestimate evil, so I am sure we will prevail and enclose the yoke of oppression of those we conquer for the next 100 years. But none of that is boolish for stocks and none of these rate hikes is good for your 401k, soon to be 200.5k.
Let me be clear in case you’re retarded and lacked the composure to read any of the stuff above: STOCKS WILL BE CUT IN HALF FROM HERE.
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Assuming that the current admin is responsible for the current state of affairs, what impact-if any-do you think the Midterm elections might have on the direction of the Country going forward? (And Mr market as well? -of course)
Ummm, I believe Trump is the one that authorized the first stimulus payments. I also think he wanted the final payouts they did to me moar than what they gave, which I think all led to this rampant inflation. That and a fucked up federal reserve. We are definitely being sold out and they all are to blame.
Everything you want to try and blame on trump is fine and dandy. However, if a book was written on how to fuck up and destroy the greatest country in the world…whomever is running the show now is following every sentence to a t.
The blame is on everyone that has been running the show over the last 50 years.
Putin’s gotten more popular and powerful at home as Russians see the west as an increasingly belligerent threat. And our oligarchs have gotten more powerful as scared and very programmable western plebs are programmed by state media to blame others for inflation …and perhaps for the coming currency reset. Maybe our programmers are coordinating with Putin …with both “sides” getting what they need.
I was wondering what happened to the $85 billion of military equipment left behind in Afghanistan. That wasn’t an accident.
Fact check.. Trump does have a coke-head son.
So what should Biden do to curb inflation? Let’s hear from the geniuses here.
Wouldn’t surprise me if Biden, i.e. his galaxy-brained advisOOrs rolled back evil Putin sanctions before mid-terms to cool inflation, iow to buy votes.
They will never “publicly” roll back anything. But back in reality, they’re lying continuously. Publicly Europe says they are not buying gas, especially with rubles; but somehow, some way, gas is flowing. A good time for “intermediaries”.
Biden should hop into a time machine and punch himself and anyone else in domestic or foreign politics who forced lockdowns.
There’s nothing that can be done now. But we should punish everyone who led us here anyone because stupidity deserves to be whipped.
You don’t need to a genius to come up with a few:
Stop f’ing the US oil, gas, energy industry
Stop f’ing the supply chain
Stop f’ing your citizens
Stop spending time and money on a far off foreign country the average US person doesn’t give 2 shits about.
Stop making enemies with far off foreign countries the average US citizen couldn’t find on a map or give 2 shits about.
I think new all time highs are more likely than down 50% from here. The sentiment surveys are all bearish and AAII has fewest bulls since 1992. Mutual.fund outflows are twice the level that leads to tradeable bounces and you have doomers like BoA saying that is just the start. Consumer sentiment is at at least the lowest in a decade. Eqity and total put call hit multiyear highs Friday. The treasury etf is at its biggest drawdown ever. Not insane to think it puts in a rally which would lower rates and make stocks more attractive. You had a bunch of breadth thrusts in March which tend to signal positive forward returns. A recession is very unlikely for at least a year based on unemployment claims which are still falling which makes a full fledged bear market unlikely until a recession is closer to the horizon. Most of the yield curves haven’t inverted.
Real interest rates are still negative. Monetary policy is still very accommodative. Still a number of hikes away from policy being tight. Dollar sentiment is off the charts bullish. At some point the dollar will ease and will be tailwind for stocks.
I have never seen a more consensus view than an imminent multiyear 00-03 bear market. Stagflation, 1970s, war, Fed tightening, extreme overvaluations, etc. All that stuff might be relevant but unlikely when 99.8% think it’s going to happen and make stocks crash.
Gonna have to agree with most of what that Dick said
Don’t you mean, “what THE dick said?”
Holy heck, is that really Richard Wiener?? Looks to me Cap’n like this entire blog is a bit like the old TV show ‘Taxi’ – if so R.W. here would be Reverend Jim..
Still distracted by left ba right eh? Simpletons.
No one is distracted. The real fight is between the nationalists and the neoglobalists.
Which is why both Adam Kinzinger and Robert Reich spend all day every day crying and both spent the better part of a Sunday cheering on Macron of all people.
But the old left v right still matters. Because old timers still vote along those lines and certain victories and defeats matter to quake the new fault lines.
Looks like some impersonator hacked into Mr Weiner’s account.
It could be the roaring 20’s again if covid ends and war ends. folks have money and there is pent-up demand. A few rate hikes to reign in speculative demand in commodities and bring inflation down to 3% can only be a good thing.
But the chances of an accident are large. The Fed has a horrible track record. $US strength and bond mark-downs are a risk for finding a credit event somewhere in the world.
The markets are very over-priced thanks to the Fed.
$30+ Trillion in debt and $200 Trillion unfunded liabilities.
No way out.
A large pink polka dot elephant could fly past my window too. It could be the 20’s but it won’t be. They have the pedal to the metal going the wrong direction and haven’t the slightest intention of doing the right things.
The Fed’s record is almost perfect. They only got it right once in the last 40 yrs.
I have every confidence they will fubar it by 180 degrees this time.
Bro has reached full blown CAPS LOCK mania.
The next step in your journey, young padawan, is to start attending city council meetings and YELL random questions during public input. Every meeting – the black flag must be raised. Don’t worry, you’ll have plenty of time given your children will find new excuses to not come back over the next few years.
Just remember, when you’re in a group of people, silence after you’ve spoken isnt because of “CHECKED MATE MFers!”…it’s because they are thinking of how to leave without you following them.